I
would
like
to
take
this
occasion
to
express
particular
thanks
for
the
support
of
our
shareholders.
Although
Japan's
economy
is
enjoying
the
longest
expansion
in
its
history,
the
construction
industry
nevertheless
has
been
facing
a
difficult
and
unprecedented
business
environment.
Under
these
very
challenging
conditions,
I
am
satisfied
to
report
that
we
achieved
the
main
performance
goals
set
out
in
the
medium-term
business
plan
for
the
years
2004-2006.
As
competition
in
the
construction
market
intensifies,
there
is
finally
movement
toward
a
significant
transformation,
with
reorganization
and
the
progressive
weeding
out
of
certain
market
players.
In
anticipation
of
this
change,
our
Group
companies
will
be
implementing
various
reforms
and
moving
ahead
with
innovations.
We
intend
to
set
the
highest
management
standards,
explaining
our
ongoing
performance
and
activities
in
a
transparent
way
and
with
accountability
-
while
upholding
truly
fair
business
practices.
Takashi
Yamauchi
President
and
Chief
Executive
Officer
The
Taisei
Group
Companies
begin
a
new
medium-term
business
plan
in
2007.
We
are
boldly
pushing
ahead
to
arrive
at
solutions
and
reach
our
targets
with
a
four-pronged
strategy
that
includes:
1)
strengthening
profit
structures,
2)
establishing
a
strategic
business
system
for
securing
new
contract
orders,
3)
securing
new
income
sources,
and
4)
promoting
training
methods
and
ensuring
the
optimal
allocation
of
human
resources.
For
2009,
the
final
fiscal
year
of
the
new
medium-term
business
plan,
we
have
targeted
consolidated
orders
of
¥1.83
trillion,
net
sales
of
¥1.81
trillion,
and
ordinary
income
of
¥64
billion.
Finally,
I
am
pleased
to
record
that
the
proposed
dividend
for
the
second
half
of
the
year
ended
March
31,
2007
is
¥3
per
share.
To
all
shareholders,
thank
you
again
for
your
continued
enthusiasm
and
support.